Member Info for luckyorange

You know they have to give updates regardless of anything else if it is price sensitive EB, so what happens with warrants is totally irrelevant n that respect.
Chinese are difficult to deal with and CGO team may need to do a walkaway before anything happens , an annoying cultural thing but they will want it without a doubt.
As shareholders anyone can ring them up and say what is going on.

It will go up when the warrant selling ends Lochran.

It's the warrants affecting the sp , it's that simple when they are gone then who is going to keep selling ?

They usually get their broker to find out Oliver. Looks like there have been placing flippers dumping for a smidgeon profit.

There were a lot of RNS's after he said that Max to be fair, got to cut some slack on the assays as it is out of their control but find it hard to believe they haven't had any back .... however as I have said previously I would rather have a block of them than piecemeal ones .
Currently with LND and GGP taking a dive I do think that some bail out of here to buy there which may or may not be a good strategy but we will see.
There is a log jam of news /assays to come and I suspect there will be a lot of activity around the Brewing Lane property but he has already said that , the shoots nearby and adjacent to 003 unfortunately won't be obvious until the results come back from hole 013 (to us) , however , Kristy has been logging the shoots (and mineralisation) in the core shed as they have stated and they will be going full on with the bailieston drilling "
“I am delighted to announce further positive exploration news, this time from the implementation of a soil sampling programme utilising an innovative exploration methodology (see below) at HR3 that has revealed particularly high gold grades in soils and therefore identified a new target for drilling." HIGH GOLD AND ANTIMONY RESULTS FROM SOIL SAMPLING, VICTORIA, AUSTRALIA

EXPLORATION AT HR3 BAILIESTON PROJECT HIGHLIGHTS POTENTIAL UNDEVELOPED REEF LINES https://www.lse.co.uk/rns/ECR/high-gold-and-antimony-results-from-soil-sampling-victoria-australia-kcq1di7v0sgi476.html Worth reading it as a reminder to what they are targeting.

I was wondering if the opposite has happened TS "I was hoping for some GGP profit money to flow over as it generally does , but I think we will have to wait for another day for that to happen."
Either that or it's in the final flush of warrant shedding.
Nobody wants to buy on most shares and yet expect them to go up, dunno how that works !
If the volume is low then mm's have no choice to keep pushing sp's lower , it will all pick up

Annnnnnd someone takes a dump at the low , covering a bet somewhere else maybe !

It's coming!

?

https://twitter.com/ecrminerals/status/1447510044858327043 I think it is more of a confirmation of what he has been saying cash, Victoria is a hot spot and Nagambie mine is mentioned which is the one that go for gold but also produce the antimony as a side product which just happens to be as profitable as gold.

The 2017 options are 50% Craig and Ivor Jones , so it's 4 million to Craig if he so chooses .
3.75 and 5p ones got to be +60% ish to the sp to make them a viable sell.

https://twitter.com/luckyorange1812/status/1447153072707457028 @ecrminerals
Don't forget to renew the licence at Creswick will you ?

It may annoy them but what the hell :-)

Summing up the Creswick property (they did pop in and do some soil sampling on it before purchasing).

They bought it and are quickly putting a fence around it , they are planning to drill the shoots on it and the shoots are nearby so they look for more up to hole 13.

A lot of activity in a small area it seems , there must be a reason eh?

"New 16 acre operational base within Creswick license area will be developed for the mine decline"

" Core samples from Hole CSD009 at #Creswick

~ Logging and processing of samples undertaken at Bendigo core shed overseen by Chief Geologist Kristy Plieger
~ Assay work on samples reveals geology and mineral 'shoots' "

"#ECR - Drilling continues at #Creswick

~ #Drilling Hole CSD0013, adjacent to high-grade hole CSD003 and close to Brewing Lane property
~ Assay work on samples continues to reveal geology and mineral 'shoots' "

It does look wrong cash , didn't think about it at the time but you are right , a block listing does keep PI's in the dark . Those warrants should have paid for the new bungalow and the 8 ton excavator.

26,000,000 sounds a lot of warrants but probably less than the short X took out when they organised the fundraise, going to get interesting when people want to get back in for the newsflow and a short squeeze at the same time .

There is light at the end of the tunnel .

On average it seems that warrant holders look for at least a 50% return on their warrants so expect a nice run before they start churning them the 2.1 ones will soon churn through with the right news (32,190,748 ) @2.1 will be but a blip on the chart with a bit of volume.
Those warrants at 3.7 don't seem too far distant now (+ 60% of course).

The 11.2 million are staff options , my mistake , so, not many warrants left at the current sp if they choose to take them . Soon be time for it to move up.

July 2018 warrants expired in July 2020 as in the RNS here https://www.lse.co.uk/rns/ECR/strategic-financing-business-update-new-joint-broker-cdmwwqmgndwim7y.html

It doesn't make sense in that the one lot of 2018 3,412,699 has expired and yet the 11.2 million hasn't , doesn't look right to me ?

Period of return:

From:

5 February 2021

To:

6 October 2021

Less: Number of securities expired unexercised during the period:
3,412,699 ordinary shares in respect of the July 2018 warrants exercisable at 1.125 pence per share

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

26,000,000 ordinary shares in respect of the April 2020 warrants exercisable at 1 pence per share
32,190,748 ordinary shares in respect of the July 2020 warrants exercisable at 2.1 pence per share
11,200,000 ordinary shares in respect of the July 2018 options exercisable at 1.125 pence per share